When you see a neighborhood for the first time, the most important thing
is often the way it looks, like its homes and its setting. Some places look
the same, but they only reveal their true character after living in them for
a while because they contain a unique mix of occupational or cultural groups.
This neighborhood is very unique in some important ways, according to
NeighborhoodScout's exclusive exploration and analysis.
Notable & Unique: People
Of note is NeighborhoodScout's research finding that the
Route 1 / U.S. Route 1 neighborhood has some of the lowest rates of children
living in poverty of any neighborhood in the United States. In a nation
where approximately 1 in 4 children are living in poverty, the
Route 1 / U.S. Route 1 community truly stands out from the rest in this regard.
In addition, for many reasons, Route 1 / U.S. Route 1 is rated by NeighborhoodScout
as one of the top 4.6% of ideal neighborhoods for first-time
home buyers in the state of New Jersey. Homes here are priced below
median housing values in the state, yet the neighborhood has a track
record according to NeighborhoodScout's exclusive neighborhood home
appreciation rates of above average real estate appreciation over the
last five years compared to other NJ neighborhoods, protecting
your investment in your first home, while simultaneously making it
less risky for your lender. Not only does this neighborhood stand out
for combining price and home value stability or increases, it also is
a neighborhood with a high quality resident population according exclusive
data, meaning this is likely a good place to buy, live, and enjoy. While
many first time home buyers focus purely on low cost and convenient location,
which can risk your investment in your first home and put you in a less
than desirable neighborhood, this neighborhood is a true standout for
a lot of reasons, and definitely worth a look if you are a first time home buyer.
Notable & Unique: Length of Commute
Regardless of the means by which residents commute, this neighborhood has
a length of commute that is notable.
Long commutes can be brutal. They take time, money, and energy, leaving less
of you for yourself and your family. The residents of the
Route 1 / U.S. Route 1 neighborhood unfortunately have the distinction of having,
on average, a longer commute than most any neighborhood in America.
16.2% of commuters here travel more than one hour just one-way
to work. That is more than two hours per day. This percentage with two-hour +
round-trip commutes is higher than NeighborhoodScout found in 99.5%
of all neighborhoods in America.
Notable & Unique: Diversity
Did you know that the Route 1 / U.S. Route 1 neighborhood has more
Romanian and Asian ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 2.3% of
this neighborhood's residents have Romanian ancestry and 48.6% have Asian ancestry.
Route 1 / U.S. Route 1 is also pretty special linguistically. Significantly, 11.1% of its residents five years old and above primarily
speak Hindi, which is the official language of India at home. While this may seem like a small percentage, it is higher
than 99.9% of the neighborhoods in America.
Notable & Unique: Occupations
Executives, managers and professionals make up 64.0% of the workforce
in the Route 1 / U.S. Route 1 neighborhood which, according to
NeighborhoodScout's exclusive analysis, is a higher proportion of such
high-level people than is found in 95.6% of the neighborhoods
in America. For this reason, this neighborhood really stands out as unique.
Notable & Unique: Migration / Stability
The freedom of moving to new places versus the comfort of home. How much
and how often people move not only can create diverse and worldly neighborhoods,
but simultaneously it can produce a loss of intimacy with one's surroundings
and a lack of connectedness to one's neighbors. NeighborhoodScout's exclusive
research has identified this neighborhood as unique with regard to the
transience of its populace.
What is interesting to note, is that the Route 1 / U.S. Route 1
neighborhood has a greater percentage of residents born in another country
(43.4%) than are found in 95.6% of all U.S. neighborhoods.
Notable & Unique: Real Estate
In addition, many people dream of living along a street lined with row houses or other attached homes. Such places do often have an abundance of charm. If you are one of these people, the Route 1 / U.S. Route 1 neighborhood could be your paradise. With 30.4% of the homes and real estate here classified as rowhouses or other attached homes, this neighborhood brims with opportunity to find the right place for you. Only 3.2% of U.S. neighborhoods have more row houses than this neighborhood, making it one of the most interesting things about this special neighborhood.
Furthermore, most neighborhoods are composed of a mixture of ages of homes, but the Route 1 / U.S. Route 1 stands out as rather unique in having nearly all of its residential real estate built in one time period, namely between 1970 and 1999, generally considered to be established, but not old housing. What you'll sense when you look around or drive the streets of this neighborhood is that many of the residences look the same because of this similarity of age. In fact, 84.3% of the residential real estate here was built in this one time period.